Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Coronavirus-related costs could be $10B to $20B for senior living; industry deserves bailout, groups...
By
Lois A. Bowers
Mar 24, 2020
COVID-19-related costs could approach $10 billion to $20 billion for the senior living industry, so lawmakers should not forget such companies as they negotiate a bill potentially topping $2 trillion in...
New Senior hopes selling, transitioning communities will improve performance
By
Lois A. Bowers
Feb 25, 2019
With the almost year-long process of bringing management in-house complete as of Jan. 1, New Senior Investment Group is making changes to its portfolio in an effort to improve finances, executives said...
Seniors housing is bright spot for Welltower in second quarter
By
Lois A. Bowers
Jul 30, 2017
The seniors housing operating portfolio was “the highlight” of the second quarter for Welltower, “with meaningful outperformance relative to our budget,” Shankh Mitra, the real...
Staffing, sales on agenda in Brookdale’s ‘rebuilding year’
By
Lois A. Bowers
Aug 09, 2016
Improving employee recruitment and retention, sales and the resident experience all are part of an “important rebuilding year” for Brookdale Senior Living, company executives told participants...
Senior living represents opportunities, REITs, CVS say during earnings calls
By
Lois A. Bowers
Nov 07, 2018
Skilled nursing presents challenges, but senior living offers opportunities, leaders at Senior Housing Properties Trust, Sabra Health Care REIT and CVS Health Corp. said Tuesday during their third-quarter...
Senior Housing Properties Trust to focus on existing assets
By
Lois A. Bowers
Feb 27, 2017
Senior Housing Properties Trust will focus its senior living efforts in 2017 on its existing portfolio rather than on acquisitions, President and Chief Operating Officer David Hegarty said Monday to those...
Report: Preference for senior housing has ‘fallen off a bit’ among investors, developers
By
Lois A. Bowers
Sep 19, 2019
Investor preference for acquisition and development in senior housing has “fallen off a bit” for the coming year, Byron Carlock, leader of PwC’s U.S. real estate practice, told McKnight’s Senior...
Investors excited about independent and assisted living: report
By
Lois A. Bowers
Jan 05, 2018
Investors this year will be most attracted to “lifestyle-focused” segments of seniors housing, including one that may surprise some, according to a new report from commercial real estate services...
Report: Seniors housing attractive investment but still faces challenges
By
Lois A. Bowers
Apr 13, 2016
Over the long term, seniors housing will remain an attractive investment, although providers will face challenges, according to a new report.